The sheer amount of panic that investors have felt in a matter of a few days has been real. Even the new mascot for day traders, the guy from Barstool Sports, literally said he’s overleveraged and lost millions in an instant. When people take on more risk than they even realize, eventually they face the consequences. The stock market doesn’t need to have a major crash for people to lose their shirts. It happens when ignorance becomes a foundational principle.
Weekly jobless claims miss estimates as employment gains taper
www.cnbc.com/2020/09/10/us-weekly-jobless-claims-total-884000-vs-850000-expected.html
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106697243-1599742106792-20200910_continuing_claims_seasonal_adjustment_dol.png (740×425)
Jobless claims come in worse than forecast, and with a key ‘red flag’
theweek.com/speedreads/936842/jobless-claims-come-worse-than-forecast-key-red-flag
Manhattan rental market plunges, leaving 15,000 empty apartments
www.cnbc.com/2020/09/10/manhattan-rental-market-plunges-leaving-15000-empty-apartments.html
The stock market is detached from economic reality. A reckoning is coming. – The Hour
www.thehour.com/opinion/article/The-stock-market-is-detached-from-economic-15556189.php
Crude Oil Prices Today | OilPrice.com
Second wave of floating storage triggered by ailing oil market | Reuters
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fingfx.thomsonreuters.com/gfx/ce/dgkvllekovb/Pasted%20image%201599655350148.png
Baltic Exchange Dry Index | 1985-2020 Data | 2021-2022 Forecast | Price | Quote
tradingeconomics.com/commodity/baltic
www.federalreserve.gov/publications/files/smccf-transaction-specific-disclosures-8-10-20.xlsx
www.federalreserve.gov/publications/files/smccf-transaction-specific-disclosures-9-8-20.xlsx